Reportorial Requirement of Unused Official Receipts to be Used as Invoice - BIR RR No. 7 - 2024

As of part of the "Ease of Paying Taxes Act" the bureau taxpayer will convert and use the remaining Official Receipts as Invoice under SECTION 8 (2) (2.3). Transitory Provisions of Revenue Regulations (RR) No. 7-2024 to read as follows:

2.3  Reportorial Requirement of Unused Official Receipts to be Used as Invoice Upon Effectivity of these Regulations - All unused manual and loose leaf Official Receipts to be converted as Invoice shall be reported by submitting an inventory of unused official receipts, indicating the number of booklets and corresponding serial numbers within thirty (30) days upon effectivity of these Regulations, to the RDO/LT Office/LT Division where the Head Office or Branch Office is registered, in duplicate original copies. The receiving Branch RDO shall transmit the Original copy to the Head Office RDO and retain the duplicate copy.

Please refer https://www.bir.gov.ph/images/bir_files/internal_communications_1/Full%20Text%20RR%202024/RR%20No.7-%202024.pdf of the full text of RR No. 7-2024.

Taxpayer to continue the Use of remaining Official Receipts As Supplementary Document until Fully Consumed - BIR RR No. 7-2024

As of part of the "Ease of Paying Taxes Act" the bureau taxpayer will continue the use of remaining Official Receipts as supplementary under SECTION 8 (2) (2.1). Transitory Provisions of Revenue Regulations (RR) No. 7-2024 to read as follows: 

2. Unused Official Receipts -

2.1 Taxpayer to continue the use f remaining Official Receipts as supplementary document. - All unused or unissued Official Receipts may still be used as supplementary document until fully consumed, provided that the phrase "THIS DOCUMENT IS NOT VALID FOR CLAIM OF INPUT TAX" is stamped on the face of the document upon effectivity date of these Regulations. The Official Receipt, along with other equivalent such as Collection Receipt, Acknowledgement Receipt and Payment Receipt are all the same, serve as proof of payment that cash has been received or that payment has been received or that payment has been collected/made for goods and/or services.

Please refer https://www.bir.gov.ph/images/bir_files/internal_communications_1/Full%20Text%20RR%202024/RR%20No.7-%202024.pdf of the full text of RR No. 7-2024.